On April 30, 2019, Barack and Donald entered into a bet on the outcome of the 2019
Question:
On April 30, 2019, Barack and Donald entered into a bet on the outcome of the 2019 Kentucky Derby. On January 28, 2020, Barack, who bet on the winner, approached Donald, seeking to collect the $3,000 Donald had wagered. Donald paid Barack the $3,000 wager but now seeks to recover the funds from Barack. Result? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
Decision for Barack As the wager was illegal the contract was unenforceable on grounds o...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Smith And Roberson Business Law
ISBN: 9780357364000
18th Edition
Authors: Richard A. Mann, Barry S. Roberts
Question Posted:
Students also viewed these Business questions
-
On April 30, 2010, Barack and George entered into a bet on the outcome of the 2010 Kentucky Derby. On January 28, 2011, Barack, who bet on the winner, approached George, seeking to collect the $3,000...
-
On April 30, 2013, Barack and George entered into a bet on the outcome of the 2013 Kentucky Derby. On January 28, 2014, Barack, who bet on the winner, approached George, seeking to collect the $3,000...
-
The Kentucky Derby is held the first Saturday in May at Churchill Downs in Louisville, Kentucky. The race track is one and one-quarter miles. The following table shows the winners since 1990, their...
-
Describe what happens if you apply binary search to an unordered array. Why shouldn't you check whether the array is sorted before each call to binary search? Could you check that the elements binary...
-
Oscar Weng is planning to raise funds to pay for a scouting trip by running a concession stand during tomorrows high school soccer game. Oscar needs to decide whether to rent a large insulated...
-
If you drop an object, its acceleration toward the ground is 10 m/s2. If you throw it down instead, would its acceleration after throwing be greater than 10 m/s2? Why or why not?
-
What is a System Operations Dictionary?
-
On September 1, Howe Office Supply had an inventory of 30 calculators at a cost of $18 each. The company uses a perpetual inventory system. During September, the following transactions occurred....
-
Littleville was a river town consisting of farmers, a few merchants supplying goods and services, a few churches, a police station, a courthouse, and a community hall. All the people worked hard to...
-
The pH in a reactor varies sinusoidally over the course of a day. Use least-squares regression to fit Eq. (19.11) to the following data. Use your fit to determine the mean, amplitude, and time of...
-
Makayla was a Java programmer employed with Sun Microsystems in Palo Alto, California. Upon beginning employment, Makayla signed a contract that included a noncompete clause that prevented her,...
-
Ben Collins was a full professor with tenure at Wisconsin State University in 2015. In March 2015, Parsons College, in an attempt to lure Dr. Collins from Wisconsin State, offered him a written...
-
Which accounting objective requires that the information in financial statements is free from bias and free from significant errors? A. Comparability B. Relevance C. Reliability D. Understandability
-
How is unemployment defined in the United States?
-
How is the concept of economic efficiency different from the concept of technical efficiency?
-
Define the law of demand and supply. Explain the difference between demand and quantity demanded.
-
Explain how the airline industry is affected or unaffected by the rate of economic growth.
-
Why is some amount of unemployment essential to the functioning of a market economy?
-
Zodiac Furniture is considering the production of a new line of metal office chairs. The chairs can be produced in-house using either process A or process B. The chairs can also be purchased from an...
-
An annual report of The Campbell Soup Company reported on its income statement $2.4 million as equity in earnings of affiliates. Journalize the entry that Campbell would have made to record this...
-
Debra Agis was a waitress in a restaurant owned by the Howard Johnson Company. On May 23, Roger Dionne, manager of the restaurant, called a meeting of all waitresses at which he informed them that...
-
The plaintiff, Edith Mitchell, was forcibly stopped as she exited a Wal-Mart (defendant) store. The plaintiff, accompanied by her thirteen-year-old daughter, went through the checkout and purchased...
-
On July 31, Amanda Vaughn and Jason Vaughn accompanied their mother, Emma Simpson Vaughn, to a Wal-Mart store. Amandas friend, Kimberly Dickerson, was also with them. Once they entered the store,...
-
Use the graph above to answer the following question. If the price is set to $3, what is the producer surplus in the market? Note: enter answer with only numerical values and round up to the nearest...
-
How could your cultural models influence your ability to learn your students' funds of knowledge and utilize those funds? How could you or will you address this?
-
Bella deposits $300 per month into an account paying 6% nominal interest compounded monthly for 3 years, to be used to purchase a car. Which equation should she use to compute the price of the most...
Study smarter with the SolutionInn App